A container ship has sunk near the strait of Hormuz, with reports of a second cargo vessel also sinking amid a significant increase in Iranian attacks on shipping. This surge in hostilities coincides with the ongoing US-Israel war with Iran and appears to be a strategic move by Iran to close the vital waterway ahead of the US midterm elections on November 3.

Context

The Trump administration has been attempting to shift blame for rising fuel prices, attributing them to Ukraine's attacks on Russian refineries rather than the economic impact of the war on Iran. On Wednesday, the United Kingdom Maritime Trade Operations (UKMTO) reported at least five incidents, including drone strikes targeting tankers and commercial ships in the Hormuz area over the previous 48 hours.

Recent Developments

The Singapore-flagged GFS Pride container ship sank on Wednesday following an attack the day before. In a separate incident, the Antigua and Barbuda-flagged Cape Dao was reported to be sinking after being struck by a projectile on September 23. Iranian state television claimed that the GFS Pride sank after hitting a naval mine while navigating an unauthorized route through the strait. The Islamic Revolutionary Guard Corp (IRGC) stated that the ship was on an “illegal and dangerous route.”